Search Results for: Dutch
10 results out of 804 results found for 'Dutch'.
TRADE DATA ANALYSIS INDICATES WIDE SCOPE FOR TRADE-BASED MONEY LAUNDERING MAY INVOLVE THE SHIFT OF BILLIONS OF DOLLARS IN VALUE
GIVEN the hundreds of billions of dollars spent by banks on fighting money laundering, fears that trade-based money laundering (TBML) remains widespread, as stressed by FATF, the APG (http://www.fatf-gafi.org/publications/methodsandtrends/documents/trade-basedmoneylaunderingtypologies.html), and most recently, the European Commission (https://ec.europa.eu/info/sites/info/files/supranational_risk_assessment_of_the_money_laundering_and_terrorist_financing_risks_affecting_the_union_-_annex.pdf), are of serous concern. The World Trade Organisation (WTO) said that in 2018, global merchandise exports were worth USD19.48 trillion, so there is plenty of place for laundered money to hide.…
TOP 10 MONEY LAUNDERING CASES
- 1MDB SCANDAL IN MALAYSIA SEES USD BILLIONS STOLEN AND HIDDEN
Malaysia 1MDB scandal is one of the largest money laundering cases ever, worldwide, with Malaysian courts considering charges over how at least USD4.5 billion was stolen and then spent or laundered from Malaysian sovereign wealth fund 1Malaysia Development Berhad by former Prime Minister Najib Razak and his associates.…
FOOD FRAUD IS BIG CRIMINAL BUSINESS THAT CAN PUT BUSINESSES AND CONSUMERS AT RISK
AS online food sales boom to aid self-isolation during the Covid-19 outbreak, the risks of counterfeiting and piracy within the food and drink sectors will become more evident. This comes as regulators are mulling tougher action to fight this commercial crime.…
INDONESIAN DAIRY SECTOR GROWING, BUT PRODUCTION CAN’T KEEP UP WITH DEMAND
South-east Asia is not known for a tradition of eating dairy products, but actually consumers in the region’s most populous country Indonesia (population 270 million people) have been eating cheese for more than a century (partly thanks Indonesia’s historic links with the Netherlands) and the country has a thriving domestic dairy industry.…
POLISH FINISHING SECTOR LOOKS TO DIGITAL PRINTING TECHNOLOGY TO SHARPEN ITS COMPETITITVENESS AS EUROPEAN OUTSOURCING CENTRE
Digital printing is still a relatively new concept to Poland’s traditional fabric finishing sector – but national pride in the country’s well-established textile sector is sparking a desire to modernise so it can maintain its competitive edge. Much of the resulting investment has been focused on local and independent textile printers located throughout the country – but a significant number of these are based in Łódz, central Poland, a key textile manufacturing hub, with the port-town of Gdynia also being home to upgraded finishing plants.…
HIGH TECH COATINGS DELIVER BETTER FUNCTIONALITY AND ENVIRONMENTAL PERFORMANCE TO AIRLINERS
THE USE of paint and coatings by airlines is far more than the choice of an elegant trip for tail fins and fuselages. High tech coatings help aircraft operate efficiently and play an increasingly important role in helping planes fly smoothly, reducing drag and hence carbon emissions.…
EUROPEAN INSTITUTIONS AND GOVERNMENTS WORK HARD TO PROMOTE HYDROGEN VEHICLES AND REFUELLING SYSTEMS, BUT ARE STILL STRUGGLING WITH HIGH COSTS
THE EUROPEAN Union (EU) is taking a hard look at hydrogen as a low carbon option to help make Europe a first climate-neutral continent by 2050, a key policy goal that is at the heart of policy-making within the new European Commission of its president Ursula von der Leyen – however he need to make H-vehicles and renewables-based H-fuel cheaper is a major challenge. …
THE NETHERLANDS IS PAVING THE WAY TO USE HYDROGEN AS A CLEAN ENERGY CARRIER
Europe’s first large-scale green hydrogen plant moved closer to reality in January (2020) when a proposed electrolysis project in the Netherlands won EUR11 million funding from the Fuel Cells and Hydrogen Joint Undertaking (FCH-JU), a European Commission/industry partnership supporting hydrogen technology innovation.…
NORTH AFRICA’S HOME-GROWN BEAUTY BUSINESSES CHALLENGE MAJORS FOR MARKET SHARE
NORTH Africa is a region where care for appearance, grooming and personal hygiene is integral to its cultural DNA, so while personal care product majors have a strong presence, it is maybe no surprise that local beauty manufacturers continue to bubble up with fresh ideas and products that capture the imagination of consumers.…
INDONESIA'S ROBUST ECONOMIC GROWTH OFFERS MAJOR OPPORTUNITIES FOR THE COUNTRY'S PAINT AND COATING INDUSTRY
Indonesia’s paint and coatings sector is expected to continue to grow, driven by an expanding middle-class population, the fast-growing construction sector and ambitious government infrastructure projects, encompassing transport networks, energy and utilities.
The south-east Asian country’s paint and coatings market has grown to almost USD2.5 billion in sales revenue in the past year and sales are expected to expand at a fair clip of between 6% and 7% annually in the next five years, according to industry analysts Frost & Sullivan. …